TSX Venture drops, Nov. 22-26
The S&P/TSX Venture Composite Index fell 4.96% or 49.28 points to 944.05 during the November 22-26 trading week. Spot gold dropped US$57.80 per oz. or 3.13% to finish the wee…
2021
Hummingbird Resources shares collapse after halting Mali mine
Shares in Hummingbird Resources (LSE: HUM) fell as much as 20% to 13.23 pence on Monday after it halted operations at its Yanfolila gold mine in southern Mali, the company’s…
Video Interview: Great Bear’s new Dixie discovery
Great Bear Resources (TSXV: GBR; US-OTC: GTBAF) has announced a new, high-grade gold discovery named the Midwest zone at its cornerstone Dixie project in northwest Ontario’s fabled Red Lake district….
Agnico Eagle raises stake in White Gold
White Gold (TSXV: WGO) has arranged a non-brokered private placement of flow-through and common shares to raise proceeds of $9 million. Pursuant to an investor rights agreement signed in December…
Rio Tinto grabs 51% stake in Janice Lake copper-silver project in Saskatchewan
Rio Tinto Exploration Canada (RTEC) is set to become the majority owner of Forum Energy Metals’ (TSX-V: FMC) Janice Lake copper-silver project in Saskatchewan, Canada, the Vancouver-based company said on…
Cobalt prices supported in 2021, expected to fall in 2022 – report
The S&P Global Market Intelligence November Commodity Briefing states that cobalt metal prices are expected to remain supported for the remainder of 2021 as logistical pressures persist. “There are no…
Inflation anxiety — what’s in store
The Q4 edition of The Northern Miner’s Global Mining Symposium on November 17 and 18 was another resounding success. The conference featured a top notch roster of guests from the…
More than US$2 trillion investment needed to meet IEA hydrogen targets
More than US$2 trillion of investment would be required in equipment and infrastructure to sustain the accelerating global momentum towards establishing hydrogen as a competitive element of a net-zero carbon…
Sandstorm Gold reports Hod Maden feasibility results, showing US$1.05BNPV
Sandstorm Gold (TSX: SSL; NYSE: SAND) has provided a summary of results for a feasibility study on the Hod Maden project in Turkey, in which the company holds a 30%…
South32 locks 45% stake in Sierra Gorda copper mine
South32 (LSE: S32; ASX: S32; JSE: S32) says it will proceed with the acquisition of a 45% stake in the Sierra Gorda copper mine in Chile, as project partner KGHM…
Exploration Projects to Watch Snapshot: Eight companies on the lookout for new deposits
Mining companies are scouring the globe to find new deposits and future mines. Here’s a list of eight companies hunting for base and precious metals around the world. AURION RESOURCES…
Peru’s mining policy snafu gives investment a bloody nose
Peru appears to have backtracked on a decision announced on November 19 that it would have forced the premature closure and block extensions of Hochschild Mining‘s (LSE: HOC; US-OTC: HCHDF)…